Services Tangentially Related to Insurance Contract

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Sec. 3. (a) Subject to subsection (b), a person holding a license under this title may offer or provide, for free or for less than fair market value, services that are at least tangentially related to an insurance contract or the administration of an insurance contract if the services:

(1) are not contingent upon the purchase of insurance; and

(2) are offered on the same terms to all potential insurance customers.

(b) Before:

(1) the recipient of services described in subsection (a):

(A) receives a quote of insurance; or

(B) purchases insurance; or

(2) an agent of record is assigned to the recipient of the services;

the person offering or providing services under subsection (a) must disclose conspicuously in writing to the recipient of the services that receiving the services is not contingent on the purchase of insurance.

As added by P.L.196-2021, SEC.33.


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